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the corner from the nation of achievement, mainstream america usa to the nation of entitlement . i mean, that s to meet not only with the committee is brilliant. can we put that back up? i want to show you something. some might mess in that cartoon. if you look at the stamp in the upper right, and $0.0. it is a food stamp. i have to say, we are looking at a president who is willing, as you know, an assistant on $82 billion of tax increases on the so-called wealthy, the top@ 2%. and that is going to amount to just about nine days, almost nine days a lot bring the federal government's. more and more absurd proportions >> it really is absurd. when you think about it, the deficits cast, over a trillion dollars for the next four years. freckly this will add $80 billion a year. it is nonsense. it is a parody of reality, and the blood is not responsible about their duty is being fiscal managers for the united states. when you think about that, $20 trillion in four years. if you paid off a dollar a second you're talking about 670,000 years to pay is tough. the response is impractical, an
the corner from the nation of achievement, mainstream america usa to the nation of entitlement . i mean, that s to meet not only with the committee is brilliant. can we put that back up? i want to show you something. some might mess in that cartoon. if you look at the stamp in the upper right, and $0.0. it is a food stamp. i have to say, we are looking at a president who is willing, as you know, an assistant on $82 billion of tax increases on the so-called wealthy, the top@ 2%. and that is...
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so today i state clearly and with conviction america's commitment to seek the peace and security of a world without nuclear weapons. [ applause ] i'm not naive. this it goal will not be reached quickly. perhaps not in my lifetime. it will take patience and persistence. but now we, too, must ignore the voices who tell us that the world cannot change. we have to insist, yes we can. >> that was in 2009 just weeks after he was inaugurated. the following year in 2010, president obama convened the first nuclear security summit in washington. more than 40 heads of state got together to discuss among other things how to best safeguard the nuclear material that already exists around the world. that same year president obama signed a new stark treatment. an agreement between united states and russia to reduce the number of nuclear weapons in each country's arsenal. he called that his top national security priority and he got the senate to ratify it. it's hard to put a bigger exclamation point on a policy than the way he's talked about nuclear disarmament. and counterproliferation. keeping the w
so today i state clearly and with conviction america's commitment to seek the peace and security of a world without nuclear weapons. [ applause ] i'm not naive. this it goal will not be reached quickly. perhaps not in my lifetime. it will take patience and persistence. but now we, too, must ignore the voices who tell us that the world cannot change. we have to insist, yes we can. >> that was in 2009 just weeks after he was inaugurated. the following year in 2010, president obama convened...
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where does america come down, and where was america traditionally? >> well, first let's address president obama's flip flop on his philosophy there when it comes to raising the debt ceiling. he certainly condemned president bush in those years of raising the debt ceiling, and then look at where he's taken this cufnlt he's taken us into a state of bankruptcy with his changed idea on it being a good thing to raise the debt ceiling. a very scary proposal was recently revealed by geithner essentially saying let the president have free rein on raising the debt ceiling to whatever level he wants. that's a very scary thought because barack obama is a socialist. he believes in socialis socialin redistributing wealth, in confiscating hard-earned dollars of our small businessmen and women so that they cannot reinvest their dollars and hire more people and grow and expand. instead, he believes in these failed socialist policies and i say that not to personally condemn our president, but i say it because i face reality, and i see what's going on, and i see the p
where does america come down, and where was america traditionally? >> well, first let's address president obama's flip flop on his philosophy there when it comes to raising the debt ceiling. he certainly condemned president bush in those years of raising the debt ceiling, and then look at where he's taken this cufnlt he's taken us into a state of bankruptcy with his changed idea on it being a good thing to raise the debt ceiling. a very scary proposal was recently revealed by geithner...
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that's what makes america great. we could use a little of that in washington, we might get the fiscal cliff resolved. >> great point to make. tom, good to have you on the program. thanks so much. >> nice to be here. >> thomas wilson joins us, the chairman and ceo of allstate. >>> up next, high-end dreams. we'll talk high-end real estate next. >>> later, sticker shock at the hospital. we're going over the fiscal cliff. will that coupled with obamacare kicking in sent your hospital bills through the roof? i'll talk with the head of one of the biggest hospital groups in the city. stay with us. back if a moment. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actually like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. since ameriprise financial was founded back in 1894, they've been committed to puttin
that's what makes america great. we could use a little of that in washington, we might get the fiscal cliff resolved. >> great point to make. tom, good to have you on the program. thanks so much. >> nice to be here. >> thomas wilson joins us, the chairman and ceo of allstate. >>> up next, high-end dreams. we'll talk high-end real estate next. >>> later, sticker shock at the hospital. we're going over the fiscal cliff. will that coupled with obamacare kicking...
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and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ] ♪ 'cause all i want this season ♪ ♪ is something from your heart ♪ la da da, la da da [ male announcer ] thinking of others this holiday season, travelers. with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> britain's royal family is expanding. prince william and katherine, the duch
and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ] ♪ 'cause all i want this season ♪ ♪ is something from your heart ♪ la da da, la da da [ male announcer ] thinking of others this...
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we had the contract for america. that in some ways was the precursor of the tea party and this very extreme rhetoric, us versus them rhetoric, where rather than talking about nuance differences between positions you call the president's health care bill socialism and yell about death panels and caricature things. that could be the most important shift. if they finally have to break and increase tax rates, they also have to change the way they talk about their policies. you can't just domogog. if they were offering better solutio solutions, that would force the democratic party to be smarter and offer more innovative solutions, too. >> now, richard, president obama told "rolling stone" magazine that his past election would break the gop fever. he told the magazine, quote, my hope is if the american people send a message to republicans and they suffer some losses in this election, that there's going to be some self-reflection going on. that it might break the fever. they might say to themselves, you know what? we've lo
we had the contract for america. that in some ways was the precursor of the tea party and this very extreme rhetoric, us versus them rhetoric, where rather than talking about nuance differences between positions you call the president's health care bill socialism and yell about death panels and caricature things. that could be the most important shift. if they finally have to break and increase tax rates, they also have to change the way they talk about their policies. you can't just domogog....
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david walker is president and ceo of comeback america initiative. he's made it his mission to promote fiscal responsibility. he joins us along with cnn political analyst, david gergen. david walker, let me start with you. the house republicans put forward their counter proposal. speaker boehner says it's credible and the white house should consider it. is it credible or is it more of what you have called the irresponsible unethical immoral behavior of all the politicians here in washington? >> i think both sides are now putting things on the table but i think they're confused. what we have to do in the short term is avoid the fiscal cliff. the major decisions with regard to tax reform, social insurance programs, et cetera, can't and shouldn't be made until next year, after the american people are engaged and the committees do their work. >> david gergen, how do you get the political solution that opens the door to the policy conversations? >> well, i was encouraged that the republicans actually came forward with something today. a lot of people thou
david walker is president and ceo of comeback america initiative. he's made it his mission to promote fiscal responsibility. he joins us along with cnn political analyst, david gergen. david walker, let me start with you. the house republicans put forward their counter proposal. speaker boehner says it's credible and the white house should consider it. is it credible or is it more of what you have called the irresponsible unethical immoral behavior of all the politicians here in washington?...
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and what did america's children do to deserve this? fox reports on a program that will require students in several states to spend hundreds more hours in school each year. plus the new plan to save a small town doctor from extension. --ti extinction. that is a cust. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. humans -- sometis life trips us up. and sometimes, we trip ourselves up, but that's okay. at liberty mutual insurance we can "untrip" you as you go through your life with personalized policies and discounts when you need them most. just call... and speak with a licensed representative about saving on your policy when you get married, move into a new house... [crash!] or add a car to your policy. don't forget to ask about sang up to 10% when you combine your auto and home insurance with liberty mutual. security, coverage, and savis. all the things humans need to make our beautifully imperfect world a little lesimperfect. call... and lock in your rate for 12 months. liberty mutual insurance
and what did america's children do to deserve this? fox reports on a program that will require students in several states to spend hundreds more hours in school each year. plus the new plan to save a small town doctor from extension. --ti extinction. that is a cust. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. humans -- sometis life trips us up. and sometimes, we trip ourselves up, but that's okay. at liberty mutual insurance we can "untrip"...
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bank of america has 55 million customers here in america. they represent one out of every two households. so moynihan has a very good idea about what consumers are doing and if they spending less because of the fiscal cliff. here's what he had to say. >> i'm more about business behavior than consumer behavior. people continue to spend, housing is a little better. all the things that affect stock market are in decent shape. the question was will everything going on cause them on slow down again. >> what are you you see rg businesses right now? >> almost a year and a halving a go, businesses getting concerned about the nature of the dialogue about the fiscal situation? washington and in europe and the issues that had to be dealt with long term and how it affects near term business in terms of what would be accelerated appreciation for investment in business. what will be the final demand. so the uncertainty factor started weighing in and caused everybody to be much more cautious and continue to be more and more cautious worried about what migh
bank of america has 55 million customers here in america. they represent one out of every two households. so moynihan has a very good idea about what consumers are doing and if they spending less because of the fiscal cliff. here's what he had to say. >> i'm more about business behavior than consumer behavior. people continue to spend, housing is a little better. all the things that affect stock market are in decent shape. the question was will everything going on cause them on slow down...
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as between pnc and bank of america, i think bank of america has a better handle on things. >> the cliff continuing to affect companies dividend strategies. we have coach, dsw this morning, and now american eagle moving dividend payable dates to this year after oracle announced it will accelerate its fiscal '13 dividend payments into this month. the payout for larry ellison will exceed 1$198 million. when you consider potential tax rates difference, that's serious money. >> real money there where you go up as high as 41%, yeah. from where we are right now, absolutely. the most tax efficient way to deal with dividends is not to have them at all. and actually run real growth companies that don't return anything to shareholders and power everything back into your business. >> a lot of companies have more cash than they need. >> i'm just saying. >> you're a purist. warren buffett wants you to hold your stock. last night on "fast" saying most individuals we deal with do not have taxable accounts. so what. he says that, listen, we're making far too much of this. jim, directly against me on thi
as between pnc and bank of america, i think bank of america has a better handle on things. >> the cliff continuing to affect companies dividend strategies. we have coach, dsw this morning, and now american eagle moving dividend payable dates to this year after oracle announced it will accelerate its fiscal '13 dividend payments into this month. the payout for larry ellison will exceed 1$198 million. when you consider potential tax rates difference, that's serious money. >> real...
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and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. >>> growing unrest in egypt as protesters and police clash at the president palace in cairo. these images, these pictures are very powerful. >> the video we've been seeing is amazing. egyptians protesting president morsi broke through barbed wire at the palace and threw chairs and rocks at police, who in turn tossed tear gas into the crowd. the health ministry says 50 ambulances have been sent throughout cairo where hospitals are on high alert. the protests come as egyptians count down to a public referendum on a new constitution. much more to come on that. >>> in south carolina, parents who camped out for days to get first choice where they kids go
and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. >>> growing unrest in egypt as protesters and police clash at the president palace in cairo. these images, these...